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At March 31. Cummins Co. had an unadjusted balance in its cash account of $9700. At the end of March, the company determined that had
At March 31. Cummins Co. had an unadjusted balance in its cash account of $9700. At the end of March, the company determined that had outstanding checks of $950, deposits in transit of $620, a bank service charge of $25, and an NSF check from a customer for $210. What is the true cash balance at March 31? $9465 $9370 50145 $9700 in the reconciliation of the June bark statement, a deposit made on June 30 did not appear on the June bank statement. How is this deposit in transit shown on the bank reconciliation? Subtracted from the unadjusted bank balance, Subtracted from the unadjusted book balance Added to the unadjusted book balance
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